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To wonderPup,

hello,

I have some questions about Ballard Power. I wondered if you could either answer or refer me to a source.

Specifically,

1. How do they now, or plan to in the future, obtain the hydrogen and oxygen for the fuel cells? (Doesn't the engery expended in obtaining these fuels exceed the useful engery the fuel cells produce?)

2. Ballard's press releases cite the "zero emission" benefit. Does this mean there is a "zero emission" factor at the site of use? Is there a pollution factor in the obtaining of the fuel at another site? How does the total operation of the current fuel cell system compare (in pollution) to fuel production and operation of internal combustion engines, diesel or gas?

Any information would be appreciated.

Also, from an investment point of view: How does Ballard make sense when they don't appear to have any commerical products in the pipeline for a number of years?
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